The Numbers in the music streaming market leader Spotify only to a limited extent: While the mark of 100 million paid subscription was cracked customers. At the same time, a loss of 142 million euros in the first quarter.
Sales in the first three months of 2019 to put in the year-on-year by 33 percent to a good EUR 1.5 billion. Sales for the full year is expected to rise according to the company, to 6.35 billion to 6.8 billion euros. The operating loss will be between 180 million and 340 million euros, slightly lower than previously forecast.
Together with the Free Version of Spotify comes to a total of 217 million monthly active users. At the end of the year, the service expects the 127 million subscription customers, and 265 million active users in total. The number two in the market of music streaming services, Apple Music, came out last year to over 50 million subscribers.
Growth through acquisitions
In the past three months, Spotify has gained about four million paying customers. The average revenue per customer fell below the within a period of three months from 4.89 in on 4,71 Euro. This is partly due to the growing popularity of cheaper, family and student subscriptions. Spotify CEO Daniel Ek announced that it plans to find new growth, among other things, in the Podcast market. For that Spotify was now $ 358 million for acquisitions of three companies that are active in the industry.
Expansion: Spotify CEO Daniel Ek
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